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Side-by-side financial comparison of OLD NATIONAL BANCORP (ONB) and Qnity Electronics, Inc. (Q). Click either name above to swap in a different company.

Qnity Electronics, Inc. is the larger business by last-quarter revenue ($1.3B vs $702.8M, roughly 1.8× OLD NATIONAL BANCORP). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 16.5%, a 16.7% gap on every dollar of revenue. On growth, OLD NATIONAL BANCORP posted the faster year-over-year revenue change (44.4% vs 11.1%).

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

ONB vs Q — Head-to-Head

Bigger by revenue
Q
Q
1.8× larger
Q
$1.3B
$702.8M
ONB
Growing faster (revenue YoY)
ONB
ONB
+33.2% gap
ONB
44.4%
11.1%
Q
Higher net margin
ONB
ONB
16.7% more per $
ONB
33.3%
16.5%
Q

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
ONB
ONB
Q
Q
Revenue
$702.8M
$1.3B
Net Profit
$233.7M
$211.0M
Gross Margin
45.1%
Operating Margin
21.3%
Net Margin
33.3%
16.5%
Revenue YoY
44.4%
11.1%
Net Profit YoY
61.5%
6.0%
EPS (diluted)
$1.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ONB
ONB
Q
Q
Q1 26
$702.8M
Q4 25
$580.8M
Q3 25
$574.6M
$1.3B
Q2 25
$514.8M
Q1 25
$387.6M
Q4 24
$394.2M
Q3 24
$391.7M
$1.1B
Q2 24
$388.4M
Net Profit
ONB
ONB
Q
Q
Q1 26
$233.7M
Q4 25
$216.6M
Q3 25
$182.6M
$211.0M
Q2 25
$125.4M
Q1 25
$144.7M
Q4 24
$153.9M
Q3 24
$143.8M
$199.0M
Q2 24
$121.2M
Gross Margin
ONB
ONB
Q
Q
Q1 26
Q4 25
Q3 25
45.1%
Q2 25
Q1 25
Q4 24
Q3 24
47.0%
Q2 24
Operating Margin
ONB
ONB
Q
Q
Q1 26
Q4 25
46.7%
Q3 25
40.5%
21.3%
Q2 25
30.2%
Q1 25
46.8%
Q4 24
47.2%
Q3 24
47.2%
21.8%
Q2 24
40.3%
Net Margin
ONB
ONB
Q
Q
Q1 26
33.3%
Q4 25
37.3%
Q3 25
31.8%
16.5%
Q2 25
24.4%
Q1 25
37.3%
Q4 24
39.0%
Q3 24
36.7%
17.3%
Q2 24
31.2%
EPS (diluted)
ONB
ONB
Q
Q
Q1 26
Q4 25
$0.55
Q3 25
$0.46
$1.01
Q2 25
$0.34
Q1 25
$0.44
Q4 24
$0.47
Q3 24
$0.44
$0.95
Q2 24
$0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ONB
ONB
Q
Q
Cash + ST InvestmentsLiquidity on hand
$128.0M
Total DebtLower is stronger
$1.7B
Stockholders' EquityBook value
$8.5B
$9.1B
Total Assets
$73.0B
$12.5B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ONB
ONB
Q
Q
Q1 26
Q4 25
$1.8B
Q3 25
$1.7B
$128.0M
Q2 25
$1.8B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Total Debt
ONB
ONB
Q
Q
Q1 26
Q4 25
Q3 25
$1.7B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ONB
ONB
Q
Q
Q1 26
$8.5B
Q4 25
$8.5B
Q3 25
$8.3B
$9.1B
Q2 25
$8.1B
Q1 25
$6.5B
Q4 24
$6.3B
Q3 24
$6.4B
$11.1B
Q2 24
$6.1B
Total Assets
ONB
ONB
Q
Q
Q1 26
$73.0B
Q4 25
$72.2B
Q3 25
$71.2B
$12.5B
Q2 25
$71.0B
Q1 25
$53.9B
Q4 24
$53.6B
Q3 24
$53.6B
Q2 24
$53.1B
Debt / Equity
ONB
ONB
Q
Q
Q1 26
Q4 25
Q3 25
0.19×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ONB
ONB
Q
Q
Operating Cash FlowLast quarter
$782.0M
Free Cash FlowOCF − Capex
$568.0M
FCF MarginFCF / Revenue
44.5%
Capex IntensityCapex / Revenue
16.8%
Cash ConversionOCF / Net Profit
3.71×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ONB
ONB
Q
Q
Q1 26
Q4 25
$159.2M
Q3 25
$341.2M
$782.0M
Q2 25
$72.9M
Q1 25
$108.2M
Q4 24
$235.8M
Q3 24
$121.3M
Q2 24
$161.0M
Free Cash Flow
ONB
ONB
Q
Q
Q1 26
Q4 25
$137.3M
Q3 25
$333.6M
$568.0M
Q2 25
$64.1M
Q1 25
$102.4M
Q4 24
$229.0M
Q3 24
$115.7M
Q2 24
$151.6M
FCF Margin
ONB
ONB
Q
Q
Q1 26
Q4 25
23.6%
Q3 25
58.1%
44.5%
Q2 25
12.4%
Q1 25
26.4%
Q4 24
58.1%
Q3 24
29.5%
Q2 24
39.0%
Capex Intensity
ONB
ONB
Q
Q
Q1 26
Q4 25
3.8%
Q3 25
1.3%
16.8%
Q2 25
1.7%
Q1 25
1.5%
Q4 24
1.7%
Q3 24
1.4%
Q2 24
2.4%
Cash Conversion
ONB
ONB
Q
Q
Q1 26
Q4 25
0.73×
Q3 25
1.87×
3.71×
Q2 25
0.58×
Q1 25
0.75×
Q4 24
1.53×
Q3 24
0.84×
Q2 24
1.33×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ONB
ONB

Segment breakdown not available.

Q
Q

Semiconductor Technologies$693.0M54%
Interconnect Solutions$583.0M46%

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